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FOX Business
Oct 5, 2012 9:20am EDT
review after the company cut expectations. hewlett-packard 14.79. the obama administration's environmental policy shutting down coal plants and that means no more jobs for blue collar americans in the coal fields. we found out exactly how many jobs coal is losing after the break. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etan
SFGTV
Oct 5, 2012 12:00pm PDT
up with revolutionery cutting edge prevention techniques. and i'm very proud to work for the obama administration, for secretary, as grant said, that has not only focused on treatment and research, but prevention in so many things. and, so, my story is not unique. but on behalf of the obama administration, on behalf of secretary kathleen sebelius, i'm here to say thank you for the work of san francisco and the local, at the state, and at the national/international level has done for more than 30 years that have saved lives, that have built commutes, that have allowed families to come together and grow. because this is not 1981. it's almost 2013. and this place is revolutionery and this 9-1/2 million will continue to make it the pinnacle of world research and prevention on hiv. so, thank you very, very much for having me here. (applause) >> i just looked over my shoulder and here is dr. george rutherford, director of the aids office when i came here many years ago. we have many generations of individuals who work and contribute to the work we all do here. next i'd like to introduce
CW
Oct 5, 2012 12:00pm CDT
the obama administration and the latest jobs report. and later in lunchbreak. a healthy twist on fall comfort food. grilled lamb chops and a crisp asparagus salad. [ "don't you worry 'bout a thing" plays ] stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the world and we do everything we can to be there for them when they need us. [car alarm blaring] call now and also ask about our 24/7 support and service. call... and lock in your rate for 12 months today. liberty mutual insurance. responsibility. what's your policy? a big surprise for wall street. the economy added 114,000 workers last month. the real shocker is the unemployment rate. it fell to 7.8%. that is the lowest since president obama took office in 2009. mo
MSNBC
Oct 5, 2012 1:00pm EDT
discuss today's report from the obama administration's perspective, roger altman, chairman of evercore partner, now a supporter of the obama campaign joining us from seattle. great to see you. first of all the jobs number and the view from wall street of this, this economy kind of bumping along on the basement, but is it really a turn around at this stage? >> well, today's numbers are just good across the board. as greg gibbs said, not only did we add jobs, but the work week expanded and incomes expanded. and i think it shows that the president's economic policies are working. we've now had 31 straight months of private sector job growth, that's 5.2 million jobs. and we're moving in the right direction. and changing course now to go back to the policies that got us into this mess in the first place doesn't make any sense at all. >> you've been through a lot of presidential debates, you've watched them in the past, you were involved with the hillary clinton campaign last time around and this time, of course, with president obama. let's talk about the president obama who showed up. who w
MSNBC
Oct 5, 2012 11:00am PDT
that the books were cooked? if the obama administration cooked the books, certainly the bush administration would have done so in those terrible years when the economy turned, or if someone in the administration has that kind of power. >> yeah. i actually agree 100% with mr. harwood and with tony whose tweet you quoted. you don't have to attack the integrity of the number to attack the substance of the numbers. 114,000 new jobs is nothing to celebrate. it takes 150,000 new jobs every month to absorb new work into the work force. we have 3.4 college graduates this year that need to find jobs and need 150,000 jobs to stosh them and the other people entering the work force. back in 2004 barack obama attacked president bush for a jobs report where 300,000 jobs were created, three times today's jobs. we're celebrating this today, and i think it's unwise. it shows that the expectations are much lower. we have a much lower bar to define success, and i don't think that's good for anyone. i don't think that's good for the american economy or any one of us. >> i wanted to say, look, ja
FOX Business
Oct 5, 2012 6:00pm EDT
obama look good before the election. the obama administration firing back calling such charges ludicrous. what is the real story? joining me now, former white house chief economist and labor department commissioner keith hall, moody's chief economist, john lonski, and carried from call bomb capital management. welcome to you all. very curious. nearly a half percent move in the an employment rate on just 114,000 jobs growth in the month surprising to jack welch, former ceo of ge. here is what he said. >> well, and the last two months we have gone from 83-81. now we are going to 7.8% by changing the numbers assumptions. like. i don't know if -- what the right number is. i tell you, these numbers don't smell right when you think about where the economy is right now. gerri: gary, to you first. is the bls giving as ps? >> it is the bs. look. three months ago i said that even if we got newt we would be under 8% because the politics of it. we saw 30 days ago the fed announced a open ended printing of money to get asset prices up, and they say 50 days before election, this one is a joke. if you
FOX News
Oct 5, 2012 3:00pm EDT
exposing aist between the obama administration and high ranking intelligence officials. what we are leng -- learning about the internal debate that followed the murder of four americans. and a recall of potentially contaminated drug expands, the latest meningitis cases are ahead. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why mill
KOFY
Oct 5, 2012 11:30am PDT
accused the obama administration of manipulating the numbers for political gain. >> there are always charges of manipulation on either side that's conspiracy thinking. >> reporter: the bureau who put out the jobs report are infrom the political process some republicans say welsh was way of base. karen traver, abc news, washington. >> american airlines cancelled a flight this morning as part of ongoing problems with seats. the flight was scheduled to takeoff 6:40 this morning the airline taking 44 flights out of service to fix the seat problems. 50 flights were cancelled yesterday. american ys wear, poor design and spilled soda can cause seats to pop loose during the flight. this adds to the troubles. >>> health officials in contra costa county holding a news conference this morning concerning an east bay man who died from rabies although paced away overseas he may have contracted the disease close to home. laura anthony is in martinez. what are the health officials saying? >> reporter: they say this ma did contract rabies he in contra costa county. sounds like a prime example of what
NBC
Oct 4, 2012 5:30pm PDT
. what happened there, who may be responsible and what the obama administration has said about it is a growing issue in the presidential campaign. and after a syrian shell landed in turkey on wednesday killing five women on impact and then turkey fired back, the turkish parliament today approved possible broader military action against syria. this is one to watch. turkey says this is not a declaration of war, but a warning that turkey will defend itself. syria has now apologized notably, but this incident has raised grounded fears of a wider war. our eamon mowadean is on the ground tonight in turkey. we've put some of his reporting on our website tonight. >>> still ahead as we continue, new research this evening about a chemical we all come in contact with that has raised questions before. this time, the concern is about mothers and their babies. and later, an extraordinary view of the world like we've never seen it before. >>> in health news, as promised, the suggest's been getting a lot of attention lately. a chemical in plastics called bpa and concerns now how it could cause health
PBS
Oct 5, 2012 5:30pm EDT
season, and republicans will use this to demonstrate the obama administration's failure when it comes to believe. the state department will buy back and say they did everything they could, but some of the violence can be unpredictable. >> one way the u.s. is trying to combat terrorism is through the use of drones -- unmanned aircraft. it has been a dramatic increase in drawn strikes inside pakistan by the afghan border. the u.s. says it is targeting militants. human rights groups say innocent civilians have died. he says the attacks are an illegal violation of pakistan's 70 -- sovereignty. >> in the sky overhead, day and night. in pakistan's tribal belt, there's no escape from cia drones and no knowing where they will strike. this was one of america's big victories -- a strike in june that killed al qaeda's second in command. we met some of those on the receiving end who beg to differ. between them, they have lost 12 relatives -- all civilians, they insist. >> when i saw their bodies in pieces, my heart wanted revenge. it still does. the remote control killers are president obama's weapo
ABC
Oct 5, 2012 11:00am PDT
twitter storm this morning when he accused the obama administration of manipulating the numbers for political gain. >> there are always charges of manipulation on either side that's conspiracy thinking. >> reporter: the bureau who put out the jobs report are infrom the political process some republicans say welsh was way off base. karen travers, abc news, washington. >> american airlines cancelled a flight this morning as part of ongoing problems with seats. the flight was scheduled to takeoff 6:40 this morning the airline taking 44 flights out of service to fix the seat problems. 50 flights were cancelled yesterday. american says wear, poor design and spilled soda can cause seats to pop loose during the flight. this adds to the troubles. >>> health officials in contra costa county holding a news conference this morning concerning an east bay man who died from rabies although paced away overseas he may have contracted the disease close to home. laura anthony is in martinez. what are the health officials saying? >> reporter: they say this man did contract rabies here in contra costa
FOX
Oct 5, 2012 4:30am PDT
after accusing the obama administration of crushing the coal industry. meantime romney is clarifying his controversial 47% comments. now he says he was completely wrong when he said half of americans are victims independent on the government. now both mitt romney and president obama will be keeping a close eye on the jobless report which is due to be released in about an hour from now. 115,000 jobs were added. they say that will increase the unemployment rate to 8.2%. now that some discouraging job seekers are returning to look for jobs. >>> the film that di pickets the osama bin laden man hunt is set to debut in two days. the new film is distributed by the weinstein company. harvey weinstein is a prominent fundraiser for the obama campaign. they say the timing is not to be believed political. >>> skyrocketing gas places may not come down any time soon. the fire at the chevron refinery at richmond and power refinery lowered supply caused the average price for regular in the state to jump 36-cents in a week. the highest prices are in the los angeles area where some stations
FOX Business
Oct 5, 2012 7:00pm EDT
ambassador to libya and three other americans. the man who broke the story that the obama administration knew it was a well-planned terrorist attack within 24 hours. daily beast writer, eli lake, joins us. governor romney campaigning today in virginia and florida riding high off the debate performance renewing enthusiasm in the republican party. new posts debate poll numbers show m the governor closing the gap with the president. fox news, chief political cor responsibility carl cameron with our report. ♪ >> a month before election day, and unemployment below 8% for the first time in the obama era, obama called it too little, too late because so many stoppedded looking for work. >> the truth is, if the same number of people were participating in the work force today as when the president was elected, unemployment would be 11%. >> romney says his plan creates long term jobs rather than part time work to get the unemployment under 8%, 32 days before the election. >> i will help create 12 million new jobs and rising take home pay. romney's debate performance is rising in po
FOX
Oct 5, 2012 7:00am PDT
southwest virginia, he is accused the obama administration of crushing the coal industry. >>> a film that depicts the osama bin laden man hunt is set to debut two days before the election. navy seals killed osama bin laden in may 2011. the film which will air on the national geographic channel is distributed by the weinstein company, the chairman is a prominent fundraiser for the obama campaign. national geographic says the timing is not meant to be political. >>> turkey wants an emergency nato meeting after bombs launched from syria hit a turkish border town. five civilians and three children were killed. the syria calls it a tragic accident. the u.n. security council condemned the bombing and called it a violation of law. turkey shelled military posts. the turkish prime minister says it it doesn't want to go to war but asked the parliament to approve further attacks. >>> a police officer shot an un armed driver. the victim was a national guardsman. he cut off two police vehicles on the grand central parkway yesterday morning. officers pulled him over, and tommed him to put his hand
FOX News
Oct 5, 2012 5:00am EDT
your mind. how much the obama administration is spending to get you to love obama care. could a simple blood test help spot early signs of breast cancer. researchs are working on that. we have details in today's heal -- fox health fix. >> doctors know the first james bond movie that was released way back in 1962. >> she thought i was dead. but i proceeded to prove her wrong. but things are starting to turn around because of business people like you. and regions is here to help. with the experience and service to keep things rolling. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. >> according to delta dental the average gift from the tooth fairy is up 2.10. it's up from 1.48. it's now $2.10. if only president obama had had this information last night for the debate. no, he could prove the 5-year-old toothless kid is better off today than he was 4 years ago. >> kids are a lot better off nowadays aren't they? welcome back to "fox & friends first". i am heather nauert. >> i am heather childers. i remem
FOX News
Oct 5, 2012 6:00pm EDT
assessment as that have date. and senators mccain, and johnson shot back, either the obama administration is misleading congress and the american people or it is blaming the entire failure on the intelligence community, unquote. bret. >> bret: continue to follow this, james, thank you. the syrian opposition says that rebels have captured an air defense base, new-- planes are pounding the central area of homes and said be to be the largest bombardments in months. and being extradited from britain to the u.s. al-masri's lawyers cited deteriorating mental and physical condition. the u.n. began talks on a broad trade embargo on iran. the islamic republic is reeling from western sanctions, amy kellogg shows us things are getting bad and worse. >> reporter: the iranian government can't afford to lose the support of these men, the conservative merchant class to played a big part in the 1979 islamic revolution, now turning on the regime. they're angry about the wild currency fluctuation, the iranian real left a third of its value against the dollar in a week and add to that a wave
FOX Business
Oct 5, 2012 5:00pm EDT
. which means most effective employment program the obama administration has been able to come up with is persuade people to leave the labor force. mr. obama managed to drive down number of adults that want a job. that is a great way to drive unemployment down. i would think the other guest would consider that. melissa: gary, last word before we go. >> look the employment rate has risen in last few months. there is no doubt about that. i don't understand this labor force participants rate idea. yes the participation rate is lower when the economy was expanding strongly. yes, that's true but the fact of the matter is, employment has been rising over the last three years, period. it is just not rising fast enough to put a big a dent in unemployment rate as we would all like to see, period. melissa: gentlemen, great discussion. thanks for coming on. have a great weekend. >> bye-bye. >> take care. melissa: forget "carmageddon". people in california may not be able to drive in the first place. you remember we told you yesterday how pipeline and refinery shutdowns have caused a spike in pric
MSNBC
Oct 5, 2012 4:00am EDT
obama administration going bankrupt. he didn't actually mean that. sort of rolled over from democratic and liberal bewilderment last night that mr. romney was abandoning his main economic plan that he was running on, his $5 trillion tax cut plan, his big trickle-down plan, to be rolled over from democrats being bewildered about that to the beltway press and mainstream pundits i think now having a hard time deciding whether they are supposed to call that a lie or whether they're supposed to just say this is a radically new position for the candidate and welcome to it. joining us now, jonathan alter, columnist for "bloomberg news" and msnbc political analyst. mr. alter, great to have you here. >> hi, rachel. >> how does president obama counter the strategy of mitt romney's to unveil whole new ideas or deny he ever held the ideas that he plainly has held? it's one thing to have a truth squad fact checking online. how do you counter that at the podium? >> one is i'm rubber, you're glue, bounces off and sticks to you. trickle-down, to confuse everybody, throw up a lot of smoke about that wo
FOX Business
Oct 4, 2012 10:00pm EDT
. too bad the leaders, journalists , terrorists, and passers-by beat them to the scene. is the obama administration getting? author, former federal prosecutor andrew mccarthy joins us. it philadelphia, a high-school teacher makes a student go home because of a t-shirt. was the teacher acting in a medley? was she really acting? governor mitt romney -- >> people having a hard time right now. middle income americans and the president's policies middle income americans have been very -- did just been crushed. lou: the governor's performance change the outcome of this presidential election? the "a-team" is here with their debate reviews. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah. that's a very nice cake! [ male announcer ] well, you can't beat them. [ giggles ] ohh! you got something huh? whoa... [ male announcer ] humana understands the value o
ABC
Oct 5, 2012 5:00am PDT
. e-mail putting the obama administration in the hot seat. >>> daily coffee fix, the new research revealing have you heard of the new dialing procedure for the 408 and 669 area codes? no, what is it? starting october 20, 2012, if you have a 408 or 669 number, you'll need to dial 1 plus the area code plus the phone number for all calls. o.k., but what if i have an 408 number and i'm calling a 408 number? you'll still need to dial 1 plus the area code plus the phone number. so when in doubt, dial it out! >>> good morning. low clouds and fog pulling back across the bay area throughout the afternoon going to provide sunny skies, tahoe 65 and sunny, low 70s big sur and we will be looking at a sun and cloud mix today. low clouds and fog all wait to our inland valleys, cool, another cool afternoon with sunshine -- likes like more marine layer mixes out over the weekend. >>> 5:48. new this morning, abc news has obtained internal e-mail indicating the state department denied major security request from the u.s. embassy in libya months before a deadly attack. last month u.s. ambassador chri
FOX News
Oct 5, 2012 1:00pm PDT
reporter from the "wall street journal" finally, finally, someone in the obama administration admitting letting the bush tax cuts expire is a tax increase. right? >>guest: that is for sure. i don't know why the romney people don't let yes biden do all the talking for them because he makes compelling case against obama. this is the second or third gaffe just this week. we are talking about almost all of the increase on the backs of businesses. it is hard to understand how you create more jobs for this economy if you are putting or taking money out of the pockets of the businesses that create them. joe biden was saying we are proud of the fact we are socking it to the businesses and to the rich people. i find it somewhat offensive, actually. >> is there any way when you raise people's taxes by $1 trillion the middle class is unaffected? >>guest: it is interesting if you look at congressional budget office report and i seldom cite the c.b.o., they say that if you do the fiscal cliff and the huge tax increase next year we don't have less than percent unemployment, we go up to over 9 percent
NBC
Oct 5, 2012 4:00pm EDT
. >> reporter: on social media, some conservatives accuse the obama administration of doctoring the jobs numbers. former general electric ceo jack welch wrote "unbelievable job numbers. the chicago guys will do anything. can't debate, so change the numbers." >> it's really ludicrous to hear that kind of statement. >> reporter: secretary of labor denies any political motivation saying the numbers are real. so, while romney launches tv ads promising to do better than president obama -- >> i have a detailed plan to create 12 million new jobs. >> reporter: obama is celebrating this report. >> this country has come too far to turn back now. >> reporter: a benchmark, he says, proves america is on the right track. economists say the number of new jobs being created is still not enough to significantly lower the unemploit rate. the next jobs report comes out just four days before the election. reporting live on capitol hill, i'm danielle lee, news 4. >>> health officials across the country are bracing for more cases of infection from that fungal meningitis outbreak. today the virginia depar
FOX
Oct 5, 2012 6:00am PDT
accusing the obama administration of crushing the coal industry. in the meantime mitt romney is now clarifying his controversial 47% statement. now he says he was complete his wrong when he said that half of americans are victims and dependent on the government. >>> goo news -- good news on the jobs front. the newly released jobs report shows the unemployment rate fell to 7.8% last month. coming up at 6:15 we will take you live to our washington, d.c. bureau. we'll let you hear more about how this report will effect the presidential election. >>> right now we want to go back over to sal. so he's keeping an eye on traffic. how does it look? >> it looks all right. we don't have a lot of slow traffic out there. we've had a couple miner fender benders. we look at the bigger trends here. right now it's getting sloes. if you look at bay point it doesn't look that bad. it looks good on the rest of highway 4 so far. looking at the bay bridge toll plaza it's backed up in some of the lanes. usually the metering lights go on at 6:15 or so. we'll see what happens then. this mornings commute on
NBC
Oct 5, 2012 6:00pm EDT
. >> reporter: on social media, some conservatives accuse the obama administration of doctoring the jobs number. former general electric ceo jack welch wrote "unbelievable job numbers. the chicago guys will do anything. can't debate, so change the numbers. >> it's ludicrous to hear that kind of statement. >> reporter: secretary of labor denies any political motivations a saying the numbers are real. while romney launches tv ad as promising to do better than president obama. >> i have a detailed plan to create 12 million new jobs. >> reporter: obama is celebrating this report. >> this country has come too far to turn back now. >> reporter: a benchmark, he says, proves america is on the right track. economists say the number of new jobs being created is not enough to significantly lower the unemployment rate. the next jobs report comes out in four days before the election. reporting live on capitol hill, i'm danielle lee, news 4. >> our team coverage of the presidential election takes us to opposite cornerses of virginia. while governor romney was in coal country in abington, president oba
ABC
Oct 5, 2012 6:00am PDT
contributed to the drop. and we have ge's former ceo tweeting this morning the obama administration manipulated the numbers to take advantage of them. investors, positive on wall street seems to be muted. dow up 46 points s&p fast in the -- s&p and nasdaq in the green. zynga shares down 20% cut forecast for key metrics good predictor of future bookings. zynga makes most of its money selling the virtual goods the players use and struggling with slower growth as users spend more time on mobile devices. have you don't your holiday shopping yet? survey says 40% of bargain hunters are already doing holiday shopping. more than 70% of early birds have a dismal view of the economy. many worry about being able to make purchases in the coming months. live at the new york stock exchange, i'm jane king. >>> hrar is in for mike. cloudy start again. >>> a little mix from our roof camera, pretty sunrise if you are around the bay and checking in, happening officially at 7:09, setting at 6:46, due to low clouds, airport delays this will mix out we'll see nice afternoon nice weekend live doppler 7 hd right now d
CBS
Oct 5, 2012 5:00pm EDT
supporter went as far as suggesting the obama administration manipulated the report. he tweeted, unbelievable jobs numbers. the chicago guys will do anything, can't debate, so change numbers. the white house calls well sp's insinuation utter nonsense. and most republicans are steering clear of the former ceo's comments, including mitt romney. the republican nominee says many of the new jobs are only part-time. and that's not what a real recovery looks like. >> even those that have jobs are having tough times. the middle class is being squeezed with higher and higher costs and with incomes that have come down. >> report was good news on wall street, but investors remain weary. >> everyone is saying here we gorks everything
FOX Business
Oct 5, 2012 12:00am EDT
started in 2009. the administration did not, the obama administration didn't encourage it. in fact just the opposite. then the arab spring restarted two years later in tunisia, morocco and egypt, et cetera, et cetera. melissa: yeah. we're reading about people, you know hoarding milk, hoarding bread. not buying meat because they don't want to waste their money on it. we see pictures i'm sure we'll show you of people in the streets rioting. we had several people on yesterday said we don't want to topple this regime. that is not in america's best interest. is that true? >> i don't think so. there is one argument out there with trying to topple the regime, all the demonstrations the regime will double down on efforts to get nuclear weapons. i'm a big believer, you have two crummy options with iran. bomb iran and start a regional war. let iran get a bomb and have nuclear arms race. there has to be a third option, economic warfare and that's what we're using. melissa: how does that proceed? what is the best case scenario? what should we be rooting for? >> we should root for toppling this
Current
Oct 4, 2012 10:00pm PDT
course, they're already recognizing the obama administration they're already recognizing. when he interrupted jim lehrer, he smiled over more things last night that no one would smile about. why is he smiling. all the sometimes he was looking down and it was over the top. mr. romney finish your point. >> cenk: on the other hand, i understand michael's point too. it's not that president obama never debated before. >> yes, he is a known quantity. >> cenk: and how many times have we covered president obama reacting to fox news. oh, my god, glenn beck is going to talk about shirley sherod i got to do something. in this case fox news does the direct attack immediately before the debate. could he have reacted to fox news. >> i think it is a direct possibility that he has had past experience of fox news criticizing him and then he acts on it. there could be a number of different factors at play. what michael said was also correct. he was not on his a-game. he may have been been overconfident going into the debate. he's not working that hard. romney is shooting himself in the foot. >> cen
CNN
Oct 5, 2012 4:00am PDT
administration, for the obama campaign. it breaks the back of the mitt romney that forever we've had an unemployment rate over 8%. >> changes the conversation as well. >> changes the conversation and momentum mitt romney had coming out of that debate.
CNN
Oct 5, 2012 7:00am EDT
that is after a financial crisis. and the obama administration thinks, look, we're going to stay the course. things are getting gradually better. so let's not panic. >> well, i think that, you know, what's clear about the 7.8%, to state the obvious, it's a big number in the context, just 30 some days out of the general election. >> and the lowest number since president obama took office in 2009. >> they were praying for a number lower -- that didn't begin with an eight and they got it. this is a huge, huge -- >> to be fair, the romney folks are also going to come back and say still this recovery is more lethargic than they should have been. >> it's all true. it's all true. can i tell you however you spin it -- >> you have to start that statement with still, then you've lost. what he needed coming out of that debate performance was momentum. you needed this number to be consistent with the message that you were delivering. >> he did not get momentum out of the debate performance. >> you are not going to get it from this number. this number -- part of mitt romney's selling point has be
CNN
Oct 5, 2012 6:00am PDT
another very important point for the obama administration. >> so, john, maria is right in part because it has taken away an important talking point from the romney campaign. he can no longer say the president promised to get the unemployment rate under 8%, now at 7.8%. we have one more jobs report to go so who knows. what can mitt romney do to -- for lack of a better term, spin the numbers. >> well, i think people see this and say is that really the best we can do. i think everybody is happy when we see any movement. but, let's face it, unemployment is right under 8%. we aren't seeing -- i believe 500,000 jobs in this report were part time workers. people want jobs and they want even more than jobs they want careers and they want hope. right now they don't see that. they see a president is doing nothing about jobs going overseas, they see a president who adds a small business tax at the time they can least afford it, they see college graduates, half of them coming out and can't find the jobs they want based upon the degrees that they have. and so i think there is concerns when this pre
WETA
Oct 5, 2012 7:00pm EDT
. on twitter, former general electric c.e.o. jack welch suggested the obama administration manipulated the numbers. but on cnbc, labor secretary hilda solis called that claim "ludicrous" and defended the bureau of labor statistics. >> you know, i'm insulted when i hear that, because we have a very professional civil service organization where you have top, top economists that work at the b.l.s. >> brown: the employment numbers landed as the campaigns put up new ads attacking each other on jobs and taxes. >> president obama says he's creating jobs. but he's really creating debt. the facts are clear. obama's four deficits are the four largest in u.s. history. he's adding almost as much debt as all 43 previous presidents combined. and over 30 cents of every dollar obama spends is borrowed, much of it from countries like china. he's not just wasting money; he's borrowing it and then wasting it. we can't afford four more years. >> why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because, according to experts, he'd have to raise taxes on the mid
FOX News
Oct 5, 2012 7:00pm EDT
fluctuated during president obama's administration. you can see that sharp rise in the beginning when we were still in a recession. and then a gradual slow lowering over the last couple of years. the unemployment news comes as we get word that americans borrowed $18 billion more in august than the month before. much of that borrowing coming in the form of credit cards and student loans. wall street reaction somewhat mixed today. the dow gaining 35 and closing at its highest level in nearly five years on this friday. the nasdaq dropped 13. the s&p 500 was flat. right now, republic candidate for president, governor mitt romney is speaking at an event in st. petersburg, florida. we understand is he going to be touching on the economy. let's watch for just a moment. >> the participation of our adults in the workforce were the same as at the time that he got elected. our unemployment rate would be about 11%. people in this country are having a hard time finding a job. people in this country are having a hard time making ends meet even if they do have a job. so it's time to have someone who
CNN
Oct 4, 2012 11:00pm EDT
. obviously the obama administration takes issue with it and says it isn't true. do you think this could be enough, if mitt romney could make the case for him to win the election? >> i think it's a very important point. remember why he wants to have the tax reform he wants. it's to make sure that the united states grows better than we've seen in the past four years. and what mr. romney is trying to say is, look, we have all these people out of work. we have all these people with jobs whose incomes are not growing. let's lower rates, broaden the base, be respectful of the middle class and the deficit by but have a better tax policy in place. it's good positions for him. the president can't even get the first step right. instead of lowering rates and broadening the base, he is insisting on raising taxes. that's a bit of a tough sell right now. it was the same president who, in 2010, said we can't afford to raise taxes on anyone. the economy is too weak. we're growing faster then than we are now. >> how big an issue could it be for democrats if mitt romney successfully makes the case? >> yo
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